RKVY-RAFTAAR
RKVY scheme was initiated in 2007 as an umbrella scheme for ensuring holistic development of agriculture and allied sectors. The scheme has come a long way since its inception and has been implemented across two plan periods (11th and 12th). The scheme incentivizes States to increase public investment in Agriculture & allied sectors. The Cabinet has approved ( as on 1st November 2017) for continuation of the ongoing Centrally Sponsored Scheme (State Plans) - Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) for three years i.e. 2017-18 to 2019-20 with a financial allocation of Rs. 15,722 crores with broad objectives of making farming a remunerative economic activity through strengthening the farmer’s effort, risk mitigation and promoting agri-business entrepreneurship.
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Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR) is a unique scheme of Government of India, Ministry of Agriculture and Farmers’ Welfare (MoA&FW). It is aimed at strengthening infrastructure in Agriculture and Allied sectors to promote Agripreneurship and Agribusiness by facilitating financial aid and nurturing a system of business incubation. Funds under RKVY-RAFTAAR would be provided to the States as grant by the Central Government in the following streams. A. Regular RKVY-RAFTAAR -70% of annual outlay will be allocated among States as per criteria under following heads.
a.Infrastructure and assets- 50% (of 70%) of regular RKVY-RAFTAAR outlay- pre-harvest infrastructure- 20%, post-harvest infrastructure- 30%
b.Value addition linked production projects (agribusiness models) that provide assured/ additional income to farmers including Public Private Partnership for Integrated Agriculture Development (PPPIAD) projects- 30% (of 70%) of regular RKVY outlay.
c.Flexi funds- 20% (of 70%) of regular RKVY-RAFTAAR outlay. States can use this fund for supporting any projects as per their local needs preferably for innovative activities in agriculture and allied sectors.
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Please click on the link below to DOWNLOAD the RKVY-RAFTAAR Guidelines
RKVY-RAFTAAR GUIDELINES